Webull plunges 20% after congressional panel flags China ties as security risk
-19.09% to $5.89 from $7.28
What moved BULL
- A bipartisan congressional panel found that Webull has deep ties to China’s government, and shares fell about 20% on the report.
- Webull pushed back on the findings, saying the report contained “significant inaccuracies and unsupported conclusions.”
Sources: CNBC